MAR news release home sales data March-April 2008 vs. March-April 2007
Tuesday, May 27th, 2008
Today, the MAR reported March-April changes. While month-to-month sales were up, the number of single-family homes sold in April was down 15.8 percent with median sales prices down 8.7 percent compared to last year. The number of condominiums sold in April was down 26.6 percent, with median sales prices flat.
MA Detached Single-family Home Sales and Median Selling Prices
April 2007 April 2008 % Change
3,328……… 2,803…. -15.8%
325,000…. 310,000…. -4.6%
MA Condominium Sales and Median Selling Prices
April 2007 April 2008 % Change
1.753…….. 1,286……. -8.7%
274,650…. 275,000….. .1%
For the same time period the North Shore showed a decrease of 9.4% in the number of single family homes sold in April with median sales prices down 4.6%. The number of condominium sales for the month was down 21.7 percent, with median sales down 9.1%
North Shore Detached Single-family Homes Sales and Median Selling Prices
April 2007 April 2008 % Change
234…………. 212……. -9.4%
358,500… 341,750…… -4.6%
North Shore Condominium Sales and Median Selling Prices
April 2007 April 2008 % Change
156………… 122……. -21.7%
259,588…. 235,750…. -9.1 %